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Aarti Ind, Auro Pharma, Trent stocks see short build-up; trading guide here

Business Standard LogoBusiness Standard5d ago

Aarti Ind, Auro Pharma, Trent stocks see short build-up; trading guide here - Business Standard

Quick Summary:

F&O data shows, on Friday Aarti Industries, Aurobindo Pharma and Trent saw a dip in share price alongside rise in open interest; thus implying short build-up at these counters.

In the process, the stock is now seen trading below its 100-DMA (Daily Moving Average) for the third straight trading session.

On the downside, the stock seems on course to test its 200-DMA support, which stands at Rs 5,381 levels.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 12:21:13 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 638 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23509741

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Official Website: business-standard.com

Update Frequency: 150 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publisher ID: #49

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